( MNP ) 06/07 04:42PM SPQ : Hudson River Minerals Ltd. Completes Airborne Survey And Prepares To Drill M
HUDSON RIVER MINERALS LTD ("HRM-V")
NORONT RESOURCES LTD ("NOT-V")
SPIDER RESOURCES INC ("SPQ-V")
KWG RESOURCES INC ("KWG-V")
CLIFFS NATURAL RESOURCES INC ("CLF-N")
MACDONALD MINES EXPLORATION LTD ("BMK-V")
- Hudson River Minerals Ltd. Completes Airborne Survey And
- Prepares To Drill McFaulds Lake Property
Hudson River Minerals Ltd. ("Hudson River" or the "Company") is
pleased to provide an exploration update on its 100% owned properties in
the McFaulds Lake area, known as the Ring of Fire, approximately 500 km
north of Thunder Bay, Ont.
Hudson River staked 243 square kilometres (km) in two areas of the
Ring of Fire, based on magnetic trends identified from publicly available
data. Several interesting conductive trends were outlined by a high
resolution magnetic and electromagnetic survey totaling 2,775 line-km
completed by HRM in January 2010 on 100-metre-spaced north-south lines.
Additional information on the airborne survey can be found in the Company's
National Instrument 43-101 technical report filed on SEDAR at
www.sedar.com.
HRM recently completed a follow-up 240 line-km airborne survey in
early June covering an area that includes three prospective trends (the
Bentley, Austin and Triumph Prospects) identified by the January survey.
The follow-up survey covered the trends at 50 metre line spacing and
oriented east-west in order to further optimize the drill targets. Drilling
is scheduled to commence in early July.
"As an early stage exploration company, Hudson River offers investors
a pure play on the Ring of Fire for nickel, copper and platinum group
element (Ni-Cu-PGE) deposits and for volcanogenic massive sulphide (VMS)
deposits," said President & CEO Steve Balch.
The following story was published on Thomson ONE:

"The Ring of Fire appears certain to emerge as one of Canada's next
mining camps. The announcements of the discovery by Noront Resources Ltd.
("Noront") of significant and high grade Ni-Cu-PGE mineralization, the
massive chromite discovered by Freewest Resources Canada Inc. ("Freewest"),
Spider Resources Inc. ("Spider") and KWG Resources Inc. ("KWG") and the
recent acquisition by Cliffs Natural Resources Inc. of Freewest all point
to this. MacDonald Mines Exploration Ltd. announced on May 31, 2010 that
they had intersected good copper grades over a 1 km trend which suggests
VMS resources rich in copper and zinc are likely to be developed as well.
With our 100% interest in 105 mining claims (24,368 Ha) located within
30-40 km of these existing discoveries, Hudson River is well placed to make
a discovery of our own."
Mr. Balch, a geophysicist with over 25 years experience, also
commented "We have been busy planning our summer drill program and will
have our drill camp operational by the first week in July. Drilling will
take about 45 days to complete so we expect preliminary results in
September. Hudson River is funded to complete this very important next
phase of our exploration program."
Hudson River has 28.9 million issued and outstanding common shares
(43.7 million fully diluted) and currently has more than $1 million in
cash.
On March 09 2010, Noront announced that their "Eagles Nest deposit has
more than tripled previously reported resources and now contains: -
indicated resource of 6.9 million tonnes grading 2.04% Ni, 0.95% Cu, 1.3
g/t Pt and 3.4 g/t Pd: - inferred resource of 4.3 million tonnes grading
1.42% Ni, 0.87% Cu, 0.8 g/t Pt and 3.4 g/t Pd" in the Ring of Fire. On May
03 2010, KWG, Spider and Freewest announced an indicated mineral resource
estimate of 23.2 million tonnes grading 40.66% Cr2O3 and an inferred
mineral resource estimate of 16.3 million tonnes graded 39.9% Cr2O3.
The following story was published on Thomson ONE:

"At current metal prices, these two combined deposits make the Ring Of
Fire perhaps the most exciting emerging mining camp in Canada," said Mr.
Balch.
Hudson River is also pleased to announce Mr. Morley Salmon has been
appointed Chairman of the board of Directors of Hudson River. Mr. Salmon is
a seasoned capital market professional with more than 25 years experience
and is a director of both private and public companies. Mr. Salmon, Elaine
Ellingham and Jim Borland have been appointed to the audit committee of the
Company. Hudson River further announces that pursuant to the Company's
Stock Option Plan and subject to any regulatory approvals, it has granted
1,100,000 Stock Options at an exercise price of $0.20 per share for a
period of five years to certain Directors and Officers of the Company.
About Hudson River Minerals Ltd.
--------------------------------
Hudson River is an early stage mineral exploration company operating
within the James Bay Lowlands of northern Ontario, in the area known as the
Ring of Fire. The Company is focused on the discovery of nickel, copper and
platinum group element (Ni-Cu-PGE) deposits and volcanogenic massive
sulphide (VMS) deposits. The management team has experience exploring in
areas with no geologic outcrop that rely heavily on geophysical
technologies for discovery. For more details on Hudson River's properties
see the National Instrument 43-101 technical report, which is available at
www.sedar.com.